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Colliers - Sydney

Googong Convenience Centre, Wellsvale Drive Googong, NSW 2620

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Googong Convenience Centre, Wellsvale Drive,
Googong, NSW 2620

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Colliers - Sydney
Ben Wilkinson
James Wilson

Colliers - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Sydney
Googong Convenience Centre, Wellsvale Drive
Googong, NSW 2620

Map of Googong Convenience Centre, Wellsvale Drive

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Brand New NSW Convenience Retail Centre in the Heart of a Master-Planned Community

  • High Profile National Tenants including
  • Annual Fixed Rental Reviews from 3-3.5%
  • Potential Depreciation Benefits
Colliers, on behalf of Stevens Group, are excited to offer for sale Googong Convenience Centre, which upon completion, will be strategically located in the heart of Googong Town Centre, located 16* kilometres southeast of Parliament House and 8* kilometres south of Queanbeyan.

Googong Convenience Centre will occupy a prominent 1.180-hectare retail site within the $1.8 billion Mirvac and PEET master-planned Googong community³. The Town Centre will also include a DA approved Coles anchored Neighbourhood Centre, local Pub, future residential developments and proposed Googong High School.

Consisting of a McDonalds, KFC, 7-Eleven, Aspire Early Learning, and The Reject Shop, Googong Convenience Centre will provide essential retail amenity to a currently under-serviced catchment. Whist the catchment relies heavily on motor vehicles, with the average number of vehicles per dwelling being 2.1, there are currently no service centres within 5km and limited takeaway and fast-food options.

Googong is an affluent suburb with an average weekly household income of $3,363, 59% above the New South Wales average, whilst 84.7% of residents are in the labour force, 71.3% working full-time² and there is strong pent-up demand for high quality convenience retail offerings that will be met by Googong Convenience Centre.

• Annual average population growth of 5.3% until 2036¹
• Googong’s average weekly household income is 59% higher than the New South Wales average²
• Under-serviced catchment with significant retail demand

Expressions of Interest closing 2:00pm (AEST) on Wednesday, 11 September 2024

¹ Deep End Services Report July 2023
² ABS
³ Mirvac
*approx.

Property ID: 504662492Last Updated: 7 Nov 2024

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Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Colliers - Canberra
Level 8, 68 Northbourne Ave
CITY, ACT 2601

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